Nonprofit SECTOR AND Community Solutions Act Introduced
Representative Betty McCollum (D-MN) has introduced the Nonprofit Sector and Community Solutions Act (H.R. 5533) to provide a vehicle to study how nonprofit organizations and the federal government can work together more effectively and gather comprehensive data about the work of the nonprofit community.
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Form 1099 |
Health Care |
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The recently enacted health care reform law will expand 1099-Misc reporting requirements for purchases made by businesses and nonprofits. The new provision has sparked some controversy and has led to comment requests from the IRS and potential legislative action in Congress to repeal or modify the new rules. |
Federal agencies have begun the process of implementing health care reform legislation, issuing guidance and requests for comments on proposed regulations. Health care reforms will mean significant changes for nonprofit organizations, their employees, and the people they serve. |
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Estate Tax |
Advocacy |
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The debate continues in Congress over how to address the return of the federal estate tax in 2011 and its potential reinstatement this year. Efforts to restore and modify the estate tax are likely to ramp up this fall as Congress also begins consideration of a number of tax provisions that are set to expire at the end of 2010. |
The House of Representatives has passed legislation (DISCLOSE Act H.R. 5175) that would change the rules for policy communications during election periods that name a candidate for public office. |
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